Twitter said in a filing on Friday it will not accept Egon Durban’s resignation from the board, two days after shareholders blocked his re-election at an annual meeting. Durban is an ally of Elon Musk, who has offered to take Twitter private in a $44 billion (roughly Rs. 3,41,800 crore) deal. Twitter said…
Aerospace firm SpaceX is looking to raise $1.7 billion (roughly Rs. 13,192 crore) in fresh funding, a massive initiative as its controversial founder Elon Musk continues to make news, television channel CNBC reported Sunday. Citing a company-wide email the network said it obtained, CNBC reported the space travel pioneer would…
Brazilian President Jair Bolsonaro called Elon Musk’s proposed takeover of Twitter a “breath of hope” as the two met in Brazil on Friday, adding he hoped the US billionaire would help end the “lies” about his widely criticised stewardship of the Amazon rainforest. Bolsonaro and Musk, the CEO of electric carmaker…
A SpaceX rocket carried 53 satellites for the Starlink internet constellation into orbit Friday after blasting off from California. The Falcon 9 booster lifted off from Vandenberg Space Force Base at 3:07pm., and minutes later the first stage landed on a droneship in the Pacific Ocean while the second stage…
Twitter CEO Parag Agrawal on Saturday said that the deal with Elon Musk is expected to be closed, however, the deal does not become an excuse to avoid making important decisions for the health of the company, adding that Twitter needs to be prepared for all scenarios and always do…
Twitter deal is temporarily on hold on the amount of spam and fake accounts on the platform, Elon Musk divulged on Friday. The latest development just over a fortnight after Musk announced to acquire the microblogging platform for $44 billion (roughly Rs. 3,40,800 crore) last month. Musk claimed he would…
Elon Musk’s decision to accept some foreign investors as part of his $44 billion (roughly Rs. 3,37,000 crore) buyout of Twitter runs the risk of inviting the kind of regulatory scrutiny over US national security that social media peer TikTok faced, legal experts say. Musk disclosed on Thursday that Saudi Arabia’s Prince Alwaleed…
Twitter is working on a decentralised social media project called ‘Bluesky’. In a recent development, the Bluesky team has released its first batch of codes, while reinstating its commitment to moderate the content that would be allowed on its platform. Decentralised social media aims to move the space beyond the…
Bill Gates has finally spoken about Elon Musk’s move to buy Twitter, days after speculation of a serious disagreement between the two billionaires. He expressed uncertainty, and warned that Tesla’s CEO could actually make Twitter a “worse” platform. The Microsoft co-founder also said that he is unsure of Musk’s motive…
Activist groups called on Twitter advertisers Tuesday to boycott the service if it opens the gates to abusive and misinformative posts with billionaire Elon Musk as its owner. The Tesla chief’s $44-billion (roughly Rs. 3,36,210 crore) deal to buy the global messaging platform must still get the backing of shareholders…
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